VIRGINIA -- The 30-year fixed-rate mortgage averaged 5.94% with an average 0.6 point for the week ending Oct. 9, down from last week when it averaged 6.10 percent, according to Freddie Mac's Primary Mortgage Market Survey. Last year at this time, the 30-year fixed-rate mortgage averaged 6.40 percent.

WASHINGTON -- Fannie Mae has forgiven the mortgage and canceled the foreclosure scheduled for an elderly Ohio woman who allegedly shot herself as law enforcement officials tried to serve eviction papers.

WASHINGTON -- Over 25% of mortgage delinquencies and foreclosures involve seniors, AARP has found. And, older homeowners with subprime mortgages are 17 times more likely to end up in foreclosure than their peers with prime mortgages.

WASHINGTON -- Over 25% of mortgage delinquencies and foreclosures involve seniors, AARP has found. And, older homeowners with subprime mortgages are 17 times more likely to end up in foreclosure than their peers with prime mortgages.

LAS VEGAS -- Countrywide Home Loans has been ordered to pay $1.3 million after it foreclosed upon the wrong condominium.

NEW YORK - The stock market swooned again today in late-day trading. The Dow Jones industrial average lost nearly 679 points to close at 8,579.

PLYMOUTH, Mich. -- The Michigan Credit Union Foundation has been awarded a grant to make a video on foreclosure prevention. The mini-documentary will tell the story of a real family that faced foreclosure and was helped by a credit union.

WASHINGTON -- The Securities and Exchange Commission has charged five Los Angeles brokers with securities fraud, alleging that from 2005 through 2007, the brokers convinced their customers to refinance their homes with subprime mortgages so that the brokers could sell their clients unsuitable securities.